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$925,000
Est. payment /mo
34,848 SqFt
Active
386 E PONTOTOC AVE Memphis, TN 38126
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 34,848 sqft
Price per Sqft $26
Subdivision Blk 50
MLS Listing ID 10218351
Lot Size 0.800 Acres
Property Sub-Type Land
Property Description
PRIME DEVELOPMENT OPPORTUNITY in the heart of downtown Memphis. This is a combination of 3 lots, totaling ±34,670 square foot (±0.8 acre). The site is ideally located at 4th & Pontotoc, near Fed Ex Forum and one block from Beale Street within the Sports & Entertainment District. Zoned for mixed-use and residential development, the property is well-suited for a boutique infill project including luxury condominiums, apartments, or a parking structure. The site is also located within a designated Opportunity Zone and benefits from significant nearby public and private investment. Adjacent parcels may be purchased for additional future assemblage potential. Rare opportunity to acquire a strategically located development site in one of Memphis' most active and evolving districts.
Location
State TN
County Shelby
Area South Bluffs/Downtown
Exterior
Utilities Available Electricity, Natural Gas, Public Sewer, Public Water, Telephone
Listed by Bruce C Johnson • mlsAssist
NEARBY SCHOOL & BUSINESS
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